Bay Street May Open Higher On Firm Commodity Prices

From Nasdaq: 2025-06-02 07:50:00

Canadian shares are expected to open higher today due to strong crude oil and bullion prices. Trade tensions may limit market gains. Investors are focusing on Bank of Canada’s interest rate decision and upcoming jobs data. Oil prices surged on news of possible U.S. sanctions on Russia. The TSX Composite index ended the week with a modest loss. U.S. federal appeals court temporarily reinstated Trump’s tariffs. Asian and European markets are down on trade war concerns. Crude oil and gold futures are rising. China, New Zealand, and Malaysia markets are closed for holidays.



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